SUBSIDIARY NAME
New 3* or 4* Hotel, Restaurants, Retail and F&B Processing Plant with food production & packaging plant & a sports complex
COUNTRY
UAE
SECTOR/ INDUSTRY
REAL ESTATE
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
June 28, 2022
ACQUISITION VALUATION
446 MILLION
TOTAL ASSET VALUATION
4.46 BILLION
REAL ESTATE
New 3* or 4* Hotel, Restaurants, Retail and F&B Processing Plant with food production & packaging plant & a sports complex acquired on June 28, 2022
- F&B Processing Plant with Bakery & Ready-to-Eat (RTE) Processing
- Multi-Cuisine Restaurants (10 Locations)
- Retail Supermarket Facility (10 Locations)
- Greenhouse Hydroponic Tomato Farm, RAK – UAE
- Food Processing & Packaging Plant, RAK – UAE
Multipurpose Indoor Community Sports Facility Complex Project, Dubai – UAE
- Multipurpose Indoor Community Sports Facility with 2000-Seat Indoor Stadium
- 4* Hotel with 150 Keys
- 3* or Extended Stay Hotel with 460 Keys
- Multi-Speciality or General Hospital with 100 Beds
- K-12 School with Dual (CBSE & ICSE or IB) Curriculum
- Rooftop Greenhouse Farm Facility
- Retail Supermarket Facility
- Residential Zone – Staff Housing, Recreation Club, Public Parks, Mini Mall or Retail Areas & General Infrastructure
SUBSIDIARY NAME
Orto Aviation Project
RMG INFIDEAL RESOURCES